Tax Incentive Policy
Summary
Guadalupe County just pumped the brakes on a massive $500 million tax break for a proposed data center. This move signals that local officials are getting much stricter about handing out corporate incentives in the New Braunfels area.
At a glance
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Impact analysis
The county is keeping $500 million in potential tax revenue on the table instead of handing it over to a private corporation.
Local taxpayers win because that money stays in the county budget for public services instead of subsidizing a big tech project.
The tech company looking to build the data center loses out on a major discount, which might make them look elsewhere.
Mentions & discussions (1)
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